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Hall-Roeger Tests of Market Power in Irish Manufacturing Industries

  • Gerry E. Boyle

    (National University of Ireland, Maynooth, Co. Kildare)

Registered author(s):

    The Hall-Roeger methodology for the testing of market power is applied to Irish manufacturing industries for the period 1991-1999. The paper adapts their methodology to permit discrimination between input and output-price-based sources of market power. The empirical results do not indicate much evidence of significant imperfect competition in output markets but the results do point to evidence of market power in certain input markets and in some industrial sectors. The implications of these findings are discussed.

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    File URL: http://www.esr.ie/Vol35%203/Vol%2035_3Boyle.pdf
    File Function: First version, 2004
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    Article provided by Economic and Social Studies in its journal Economic and Social Review.

    Volume (Year): 35 (2004)
    Issue (Month): 3 ()
    Pages: 289-304

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    Handle: RePEc:eso:journl:v:35:y:2004:i:3:p:289-304
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    1. Hall, Robert E, 1988. "The Relation between Price and Marginal Cost in U.S. Industry," Journal of Political Economy, University of Chicago Press, vol. 96(5), pages 921-47, October.
    2. Roeger, Werner, 1995. "Can Imperfect Competition Explain the Difference between Primal and Dual Productivity Measures? Estimates for U.S. Manufacturing," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 316-30, April.
    3. Patrick Massey, 2000. "Market Definition and Market Power in Competition Analysis - Some Practical Issues," The Economic and Social Review, Economic and Social Studies, vol. 31(4), pages 309-328.
    4. Kellie Curry Raper & H. Alan Love & C. Richard Shumway, 2000. "Determining market power exertion between buyers and sellers," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(3), pages 225-252.
    5. Callan, Tim & FitzGerald, John, 1989. "Price Determination in Ireland: Effects of Changes in Exchange Rates and Exchange Rate Regimes," Papers ME179, Economic and Social Research Institute (ESRI).
    6. Browne, Francis X, 1982. "Modelling Export Prices and Quantities in a Small Open Economy [The Supply and Demand for Exports: A Simultaneous Approach]," The Review of Economics and Statistics, MIT Press, vol. 64(2), pages 346-47, May.
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